ec Ecuador 2021

Detailed economic analysis and indicators for 2021

Year 2021

Key Economic Indicators (2021)

GDP (Current USD)

$107.44 billion

↑ 12.07% vs 2020
GDP per Capita

$6,075.80

↑ 11.20% vs 2020
GDP Growth (Annual %)

9.82%

↑ 19.06pp vs 2020
Inflation Rate (CPI %)

0.13%

↑ 0.47pp vs 2020

Year-over-Year Comparison

Indicator 2020 2021 Change
GDP (Current USD) $95.87 billion $107.44 billion +12.07%
GDP per Capita $5,463.65 $6,075.80 +11.20%
GDP Growth (Annual %) -9.25% 9.82% +19.06pp
Inflation (CPI %) -0.34% 0.13% +0.47pp
Unemployment Rate (%) 6.13% 4.55% -1.58pp

All Economic Indicators (2021)

National Accounts
GDP (Current USD)
$107.44 billion
GDP per Capita
$6,075.80
GDP Growth (Annual %)
9.82%
Gross National Income
$105.70 billion
Prices & Employment
Inflation (CPI %)
0.13%
Inflation (GDP Deflator %)
2.05%
Unemployment Rate (%)
4.55%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
2.74%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2021, Ecuador's Gross Domestic Product (GDP) is $107.44 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Ecuador for 2021 is $6,075.80. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Ecuador for 2021 is 0.13%. This measures the annual percentage change in the cost of consumer goods and services.

Ecuador's annual GDP growth rate for 2021 is 9.82%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Ecuador for 2021 is 4.55%. This represents the percentage of the labor force that is unemployed and actively seeking employment.